fbpx

The Connolly Agency

Belmar 3rd Quarter Market Update

Belmar 3rd Quarter Market Update

Belmar 3rd Quarter market update 2021 vs 2022– we are experiencing low inventory levels with home prices rising compared to last year’s 3rd quarter. For a summary of Belmar see below.

Real Estate Market Update Belmar annual 2021 vs 2022.

Single Family Home Sales 2021

MONTHLY SALES MONTHLY VOLUME AVG SALE AVG DOM
16 $15,134,000 $945,875 24

 

Single Family Home Sales 2022

MONTHLY SALES MONTHLY VOLUME AVG SALE AVG DOM
17 $18,324,800 $1,077,929 44

 

The data above was compiled from the Monmouth-Ocean Multiple Listing Service (FLEX-MLS) and provides an overview of recent sales activity in Belmar, NJ.

In the 3rd quarter of 2022, 17 single family homes sold in Belmar, up more than 6% from 2021. The average sales price was $1,077,929,  up 14% from 2021, and the average days on market were 44 vs 24 days in 2021. Homes sold for 97% in comparison to 99% in 2021. Overall, the real estate volume is $18,324,800, up 21% in comparison to last year. 

When buying a home, local market data and realtor expertise make ALL the difference. We update the local market data annual here, so check back frequently. If there’s a town not listed here that you would like market data for, email homes@theconnollyagency.com or give us a call at 732 361 0800.

 

Thank you for reading our Real Estate Market Update 3rd quarter of 2021 versus 2022.

Information from Flex MLS

For more 3rd Quarter updates 2021 vs 2022 please visit our website and follow our weekly updated blog

 

Leave a Reply